diff --git a/.gitlab-ci.yml b/.gitlab-ci.yml
index b77d3dd70aa507db79e752b27cee28bd14e2c8ab..8f2b324aec3cee71f21a9b7907547793f17492b6 100644
--- a/.gitlab-ci.yml
+++ b/.gitlab-ci.yml
@@ -11,7 +11,7 @@ variables:
 
 .deploy:
   image:
-    name: 'europe-north1-docker.pkg.dev/holi-shared/docker-hub-remote/hashicorp/terraform:1.11.2'
+    name: 'europe-north1-docker.pkg.dev/holi-shared/docker-hub-remote/hashicorp/terraform:1.11.3'
     entrypoint: ['/bin/sh', '-c']
   variables:
     ENVIRONMENT_ID: $CI_ENVIRONMENT_SLUG
diff --git a/.terraform-version b/.terraform-version
index ca7176690dd6f501842f3ef4b70bb32118edb489..0a5af26df3fdb942eedebe0384f46578cb03aa08 100644
--- a/.terraform-version
+++ b/.terraform-version
@@ -1 +1 @@
-1.11.2
+1.11.3